Boutique Fashion Retailer

MUST BE SOLD, MAKE AN OFFER!!! ESTABLISHED BOUTIQUE WOMENS FASHION RETAILER IN A PRIME RETAIL LOCATION

SNAPSHOT
– Asking Price: $45,000 plus SAV (approx $20,000)
– Turnover for FY15: $268,000 (excl GST)
– Prime retail location near corner of Chapel St and Toorak Road
– Open 7 days per week
– Premises and lease includes a large loft style apartment suitable for living or storage purposes
– Training, introduction to key suppliers, and full transition can be provided if required by a purchaser

LEASE
– Commenced 1 July 2014 for a 2 year term
– Two (2) further terms of three (3) years each
– Base rent $60,000 per annum ($5,000.00 per month)
– Outgoings of approximately $8,650 per annum
– Annual increases of 3% (no market rental review upon exercise of next option)
– Floor area: Ground Floor 60sqm, Mezzanine Floor 50sqm

STRENGTHS/ BENEFITS
– Fantastic fitout, displays and retail location in the heart of trendy South Yarra
– Huge social media presence and following
– Very reasonable lease terms and costs
– Perfect for a first time buyer or experienced operator. No additional expenditure required
– Fantastic relationship with various suppliers (private and commercial)

Contact Cameron Ryan of Boyd Ryan Business Sales & Consultants on 0411 145 114 for a confidential discussion about this business or register your interest by clicking on the ‘Contact Agent’ link on this advertisement and completing your details. Please quote reference BR1148.

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